Tips on Getting Insurance Discounts

These tips on insurance discounts over factors you may never have considered.

1) Your gender – although varying by state, the average car insurance rate for women is around 9% lower than for men

2) A safe driving record, for every year that you’ve had no accidents or tickets;

3) Low mileage

4) The higher your credit score the lower your premium

5) Retiree, generally for drivers aged 55 or older

6) Women as head of the household

7) College student who lives 100 miles away from home that does not have a car on campus

8) Taking adult and student driver education courses

9) Holding more than one car insurance policy with the same insurance company or bundling your auto, life and home insurance with the same insurer

10) Having a larger up-front deductible

11) According to the CNBC report insurers also consider, whether they should or not, age, education, occupation or in some cases, your credit score. Believe it or not, accountants and teachers are considered to be in “low risk occupations” and pay less than other professionals. So whether those criteria are obvious in the calculation or not, be aware that they may be unspoken factors taken into consideration by the insurance company.

Take a look at your car insurance policy at least annually and take nothing for granted. You may find that an hour of work can save you hundreds of dollars. It’s worth your time.